76,746 individuals in Romania had bank deposits of more than EUR100,000 at the end of the first quarter of 2024, over RON82.6 billion (about EUR16.5 billion) in all, the latest statistics of the Bank Deposit Guarantee Fund (FGDB) show.
Intesa Sanpaolo Romania, the local subsidiary of the Italian banking group of the same name, in Q1/2024 registered EUR5 million net profit, 2.5 times bigger than the gain of the same period of 2023.
Profit at the level of the Romanian banking system at the end of Q12024 hit a new record high, of over RON3.7 billion, up around 10% from the gain reported for Q1/2023.
BRD Finance, the consumer finance unit of BRD-SocGen, the fourth largest bank in Romania by assets, is to exit the local financial landscape after two decades in business and is in the process of selling its entire loan portfolio.
Salt Bank, the first Romanian wholly digital bank, a newly created entity in the wake of Idea Bank acquisition by Banca Transilvania, has launched its operations.